Strategic Pricing Manager

Seyfarth Shaw LLP; Chicago (IL); On-site; USD 135,000 - 149,000; Full time

Job summary

Seyfarth Shaw LLP in Chicago seeks a Manager, Strategic Pricing to oversee the financial analytics of AFAs and client/matter profitability under the Director, Strategic Pricing. You will develop budgeting templates, price responses to RFPs, and mentor practice leaders on pricing strategy, while ensuring efficient workflows and adherence to firm guidelines.

This role emphasizes collaboration with attorneys and finance, and requires strong communication, analytical skills, and a hands-on,

Qualifications

• Bachelor's Degree required.
• 5+ years of analytical pricing in a law firm.
• Strong written and oral communication skills.
• Ability to manage changing priorities and meet deadlines.
• Team player capable of collaborating with Partners and staff.
• Hands-on self-starter with credibility among decision makers.
• Ability to analyze/interpret information and develop solutions.
• Commitment to quality client service with discretion.
• Proficiency in Microsoft Excel and Access.

Responsibilities

• Prepare the financial and pricing responses to client RFP submissions with the team.
• Develop staffing and budget templates for AFAs across matter types.
• Use internal tools to develop budget estimates and AFAs for new opportunities.
• Understand AFAs and match them to different areas of law.
• Train practice group leaders on pricing best practices.
• Oversee the pricing approval process per firm guidelines.
• Supervise the AFA workflow from intake to financial modeling and staffing.

Skills

Analytical pricing

Communication

Adaptability

Teamwork

Self-starter

Critical thinking

Client service

Excel

Access

Education

Bachelor's Degree

Tools

Excel

Access

Job description

Why Seyfarth

At Seyfarth, we understand that great people are the key to our success, and we provide the opportunities to match. If you join us, you’ll work with state‑of‑the‑art technology in a friendly and professional environment, and we will continue to invest in your professional development. If you want the freedom to grow at a firm that is invested in your future, keep reading.

The Opportunity

Working under the supervision of the Director, Strategic Pricing, the Manager, Strategic Pricing plays a critical role in managing the financial analytical functions of alternative fee arrangements (AFA) and client/matter profitability. In addition, this person will be a key member of the team in devising creative alternative fee arrangements, managing the review/approval process, developing reporting capabilities, and implementing strategies for leveraging AFAs to the betterment of the Firm.

The Day‑To‑Day

On Any Given Day, You Will

• Work with attorneys, the proposal team, the Senior Director and Director of Strategic Pricing, and the Finance Department to prepare the financial and pricing responses to client RFP submissions.
• Work with Department and Practice Group leaders to develop and implement staffing and budget templates that can be used as the basis for efficient development and evaluation of AFAs for recurring matter types. Evaluate the reliability of the templates and work with the subject matter experts to edit the templates based on the findings.
• Use our internal tools, mine information about our past investment in different types of work to develop reliable budget estimates and/or AFAs for new opportunities.
• Understand the different type of AFAs available and what AFA works best with different areas of law.
• Participate in training practice group leaders and practice development team on best practices for pricing strategies.
• Shepherd the approval process for pricing requests, based on Firm guidelines and best practices.
• Supervise the AFA workflow process to include matter intake, financial modeling, evaluation of staffing models and internal billing practices.

You Have

• A Bachelor's Degree (Required)
• 5+ years' experience of analytical pricing work in a law firm environment.
• A demonstrated ability to communicate persuasively, both orally and in writing, on a prepared and extemporaneous basis.
• The ability to adapt to changing priorities and maintain a productive and committed work effort, meeting deadlines and managing workload.
• The ability to work with others effectively in a team or cooperative environment to complete projects and to reach established goals and objectives in a timely manner.
• A hands‑on self‑starter attitude with the desire, drive, and ability to establish and maintain credibility among the firm's Partners, officers and other decision makers.
• The ability to analyze and interpret information from a variety of sources, apply critical and creative thinking to draw conclusions or develop solutions to complex problems.
• The ability to provide quality client service to both internal and external contacts, regarding matters of a complex nature. Requires patience, creativity and discretion.
• A demonstrated proficiency in all Microsoft office products, specifically Excel and Access.

What We Provide

Seyfarth provides competitive salary and benefits at all levels, and our culture embraces the entrepreneurial spirit of its professionals like no other firm. Our professional staff are a collaborative team, helping to define the unique client experience offered by the firm. We understand that it takes more than attorneys to build a successful legal practice; everyone participates in our commitment to excellence.

More About Seyfarth

With approximately 1,000 lawyers across 19 offices, Seyfarth Shaw LLP provides advisory, litigation, and transactional legal services to clients worldwide. Learn more about The Seyfarth Experience at www.seyfarth.com/careers/.

Location Specific Language

Century City & DTLA-

Seyfarth will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

Qualified applicants with arrest or conviction records will be considered for Employment in accordance with the following laws if applicable, the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the California Fair Chance Act.

Seyfarth Shaw believes that conviction records may have a direct, adverse, and negative relationship to the following job duties: accessing company property, information, assets, and products; accessing client data or confidential information, and partnering and regularly working with or supervising other Seyfarth employees and interacting with Seyfarth clients.

San Francisco-

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Sacramento-

Pursuant to the Fair Chance Initiative for Hiring Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Boston: The full time salary range for this role is $145,000-$160,000 annually, which is based on a 40 hour work week.

Chicago: The full time salary range for this role is $135,000-$149,000 annually, which is based on a 40 hour work week.

Los Angeles: The full time salary range for this role is $144,000-$159,000 annually, which is based on a 40 hour work week.

San Francisco: The full time salary range for this role is $150,000-$165,000 annually, which is based on a 40 hour work week.

Seattle: The full time salary for this role is $144,000-$159,000 annually, which is based on a 40 hour work week.

Washington, DC: The full time salary range for this role is $144,000-$158,000 annually, which is based on a 40 hour work week.

This is the lowest to highest salary we in good faith believe we would pay for this role in the locations listed above at the time of this posting. An employee’s pay within the salary range will be based on numerous factors including, but not limited to, relevant education, qualifications, experience, skills, geographical location and business or organizational needs. This job is also eligible for an annual merit increase and bonus pay.

We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, and 401(k).

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